ANALYSIS: Interest rates are rising, risks are growing, so the government needs to tread carefully
They said they didn't know how or when the world's supply side problems would be resolved.
They said house prices in Australia could prove to be more sensitive to rising interest rates than assumed, because households had incurred such large debts in recent years and many had not experienced rising rates. They couldn't say, for sure, how the reopening of Australia's international border would alleviate acute areas of labour shortages.
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